Archives: November 2024

Arauco reports growth in sales and improved profitability in Jan.-Sep. 2024

Arauco, one of the largest wooden panel manufacturers in the world, has reported solid results for both the third quarter [...]
November 21, 2024 Latest Trends

Will US lumber prices rally at the beginning of 2025?

As the end of 2024 approaches, the US lumber market has seen significant price increases, with futures contracts reaching their [...]
November 20, 2024 Latest Trends

What’s next for EUDR after the European Parliament vote?

             The European Parliament has voted to approve [...]
November 20, 2024 Latest Trends

Uncertain 2025 outlook for UK softwood market

As 2024 draws to a close, the UK softwood market has failed to meet expectations, with importers and merchants resigned [...]
November 20, 2024 Latest Trends

Quebec forestry fears sawmill closures as Trump’s tariff hike looms

Quebec’s forestry sector is facing heightened concerns as former U.S. President Donald Trump’s re-election could lead [...]
November 20, 2024 Latest Trends

Weyerhauser to build $500 million facility in south Arkansas

Weyerhaeuser Company, one of the world’s largest private owners of timberlands, announced Monday (Nov. 18) plans for a $500 [...]
November 20, 2024 Latest Trends

European sawmills under pressure as market conditions remain uncertain

European sawmillers are continuing to face significant challenges due to ongoing poor market conditions, with expectations of a major boost [...]
November 19, 2024

China’s timber market shows signs of recovery

In the third quarter of 2024, China’s timber imports reached 15.52 million cubic meters, reflecting a 4% year [...]
November 19, 2024 Latest Trends

Versowood facing harsh realities

Finland's largest sawmill company, Versowood, reported grim but positive financial results for the fiscal year ending in June.  [...]
November 19, 2024 Latest Trends

Austrian and German sawmill industry welcome EUDR deadline extension and repair

The European Parliament has voted to extend the deadline for implementing the EU Regulation on Deforestation-Free Products (EUDR) to [...]
November 19, 2024 Latest Trends